Answers about Inactive Accounts
Select from the following questions about inactive bank accounts and escheatment.
- When is an account considered inactive or unclaimed?
- Why would a bank send me a notice stating that my account may be turned over to the state treasurer as abandoned property?
- I recently found some old bank records (i.e., account statements, certificate of deposit receipts, passbooks). The bank does not exist any more and the new bank cannot locate any record of the account. What should I do?
- What can you tell me about state unclaimed property programs?